Skip to main content

Mobile Home Park

Highview Estates Mobile Home Park

7100 Highview Rd, Port Hardy, BC V0N 2P0

Listing Price: $6,800,000

Cap Rate
5.50%
Number of Spaces
101
Lot Size
18.61 acres
Occupancy
100.0%
Price/Space
$67,327
Spaces/Acre
5.43
Year Built
1975

Investment Overview

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Highview Estates Mobile Home Park (the “Property”). Situated in Port Hardy, Highview Estates offers investors a rare opportunity to acquire a large-scale, fully stabilized manufactured housing community in a supply-constrained Northern Vancouver Island market. With historically near-zero vacancy, tenant-owned improvements, and structured operational management, the Property provides immediate, durable cash flow.

In addition to its stabilized income profile, the Property is well positioned to benefit from emerging regional economic catalysts, including the advancement of the North Island Copper-Gold Project, which is expected to drive employment growth and increase housing demand across the region.

The mobile home park is well-maintained featuring recent improvements, including newly paved roads. The property also includes an onsite workshop and a storage facility that provides supplementary income.

Investment Highlights

  • Highview Estates is one of the largest manufactured home communities in Northern Vancouver Island, comprising 101 pads across 18.6 acres.
  • All homes within the park are tenant-owned, eliminating turnover risk typically associated with rental units and significantly reducing capital expenditure requirements.
  • The Property benefits from experienced on-site management that is familiar with the tenant base and operations, and is willing to remain post-sale
  • Highview Estates is fully serviced by municipal water and sewer, providing long-term infrastructure reliability and minimizing maintenance complexity.

Exclusively Listed By

Mobile Home Park

Highview Estates Mobile Home Park

Listing Price: $6,800,000

Cap Rate
5.50%
Number of Spaces
101
Lot Size
18.61 acres
Occupancy
100.0%
Price/Space
$67,327
Spaces/Acre
5.43
Year Built
1975

Investment Highlights

  • Highview Estates is one of the largest manufactured home communities in Northern Vancouver Island, comprising 101 pads across 18.6 acres.
  • All homes within the park are tenant-owned, eliminating turnover risk typically associated with rental units and significantly reducing capital expenditure requirements.
  • The Property benefits from experienced on-site management that is familiar with the tenant base and operations, and is willing to remain post-sale
  • Highview Estates is fully serviced by municipal water and sewer, providing long-term infrastructure reliability and minimizing maintenance complexity.

Investment Overview

The McEvay Blair Multifamily Group of Marcus & Millichap is pleased to present the opportunity to acquire Highview Estates Mobile Home Park (the “Property”). Situated in Port Hardy, Highview Estates offers investors a rare opportunity to acquire a large-scale, fully stabilized manufactured housing community in a supply-constrained Northern Vancouver Island market. With historically near-zero vacancy, tenant-owned improvements, and structured operational management, the Property provides immediate, durable cash flow. In addition to its stabilized income profile, the Property is well positioned to benefit from emerging regional economic catalysts, including the advancement of the North Island Copper-Gold Project, which is expected to drive employment growth and increase housing demand across the region. The mobile home park is well-maintained featuring recent improvements, including newly paved roads. The property also includes an onsite workshop and a storage facility that provides supplementary income.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower